Emerald Expositions

Emerald Expositions Announces Pricing of Initial Public Offering

SAN JUAN CAPISTRANO, Calif. – April 27, 2017 – Emerald Expositions Events, Inc. (“Emerald Expositions” or the “Company”) today announced the pricing of its initial public offering of 15,500,000 shares of common stock at a price to the public of $17.00 per share.

Of those shares, the Company is selling 10,333,333 shares and certain stockholders of the Company affiliated with Onex Corporation are selling 5,166,667 shares.  The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 2,325,000 shares. The Company will not receive proceeds from the sale of shares by the selling stockholders, including from any exercise by the underwriters of their option to purchase additional shares.  The Company’s stock is expected to begin trading on the New York Stock Exchange under the symbol “EEX” on April 28, 2017.  The offering is expected to close on May 3, 2017, subject to customary closing conditions. 

BofA Merrill Lynch, Barclays and Goldman, Sachs & Co. are acting as joint book-running managers of the proposed offering and representatives of the underwriters; Citigroup, Credit Suisse, Deutsche Bank Securities, and RBC Capital Markets are also acting as joint book-running managers; and Baird is acting as co-manager.

The offering of these securities is being made only by means of a prospectus.  Copies of the prospectus relating to the offering may be obtained, when available, from: BofA Merrill Lynch, NC1-004-03-43, 200 North College St., Third Floor, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@baml.com; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847, or by email: barclaysprospectus@broadridge.com; or Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, by facsimile at (212) 902-9316 or by email at prospectus-ny@ny.email.gs.com

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on April 27, 2017.  This news release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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About Emerald Expositions

Emerald Expositions is the largest operator of business-to-business (“B2B”) trade shows in the United States by net square footage (“NSF”), with its oldest trade shows dating back over 110 years. Emerald Expositions currently operates more than 50 trade shows, including 31 of the top 250 trade shows in the country as ranked by TSNN, as well as numerous other events. In 2016, Emerald Expositions’ events connected over 500,000 global attendees and exhibitors and occupied over 6.5 million NSF of exhibition space.

Cautionary Statement Concerning Forward-Looking Statements

This news release contains certain forward-looking statements regarding the Company and the initial public offering of the Company’s common stock. These statements are based on management’s expectations as well as estimates and assumptions prepared by management that, although they believe to be reasonable, are inherently uncertain. These statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of the Company’s control that may cause its business, industry, strategy, financing activities or actual results to differ materially. The Company undertakes no obligation to update or revise any of the forward looking statements contained herein, whether as a result of new information, future events or otherwise.

 

Contact:

Philip Evans, Chief Financial Officer

31910 Del Obispo Street, Suite 200

San Juan Capistrano, CA 92675

Phone: 1-866-339-4688 (866-EEX-INVT)

Email: investor.relations@emeraldexpo.com